Cash Handling Fee

Customer Notice issued Friday 13 June, 2025

In line with industry practices, a cash handling fee will be applied to cash deposits and cash withdrawals.

From 16th June 2025;
the cash handling fee will be charged at 1% of the cumulative cash deposits or cash withdrawals per account if;

Exempt: Government, Churches, Schools & Registered Not for Profit Organisations.

We’re making banking easier with more options and greater convenience.

SAVE TIME AND COST GO DIGITAL!

To learn more about registering for digital or obtaining information on our fees, visit your nearest branch for more information, +685 66100 or email bspsamoa@bsp.com.pg

Branch Cash Handling Fee FAQs

Frequently Asked Questions

Q1   What is changing?

From 16 June 2025, a cash handling fee will be charged at 1% of the cumulative cash deposits or cash withdrawals per account if:

  • total deposits to an account equal or exceed WST20,000 during a business day
  • total withdrawals from an account equal or exceed WST20,000 during a business day.

BSP is making substantial investments to enhance our customers’ ability to manage their physical cash needs. These investments include the deployment of advanced cash counting machines at our Bank branches in Apia, Vaitele and Salelologa. We are also procuring 12 new ATMs which will be progressively installed across Samoa by 2027. All of these ATMs will feature modern capabilities, including deposit-taking functionality in selected locations.

Q2 How will the introduction of advanced cash counting machines affect me or my business?

This will significantly reduce waiting time and improve your business productivity.

Q3 Will my appointment change?

No, your current appointment day(s) and time(s) will remain the same.

Q4 What do I need to do?

You will be provided with the instructions on how to prepare bulk cash for deposit to improveyour banking experience.

Q5 Why are we now charging a Cash Handling Fee?

The Cash Handling Fee has been introduced to cover the cost of facilitating cash transactions for customers in line with industry practices. This will also reduce branchcongestion and long queues, and encourages use of safer, secure and more efficientdigital platforms.

Q6 What other options are available for customers to use?

You can use our ATMs to withdraw cash or Internet Banking to transfer funds to otheraccounts or make payments using BSP EFTPoS at any BSP merchant.

More information
Please contact your Relationship Manager or Branch Manager for more information.

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